If you were to ask me what’s the biggest picture I see in this blockchain and the advancement of the whole tech things, I would say resource allocation is at the very core of it. Of course, this is merely from my personal point of view.

The invention of the blockchain has given rise to a new species of currency, that of crypto currency. Existing innovations in the cryptocurrency space foreshadow the potential that currencies could be designed as such to not only act as currencies but represent other forms of value as well.

As a human, we find ways to lower uncertainty about one another so that we can exchange values. It is safe to say that the monetary system we are using today (as at the time of writing), is the largest ever trust-based system that we, human being, ever created.

Why should I give a damn about bitcoin? The day you started earning and spending money is the day you began repeatedly handling over slices of that money to these middlemen, often adding up to millions of dollars over a single person’s lifetime. Crytocurrency promises to stop that outflow and put the money back in your pocket.